Exploration company Karelian Diamond Resouces has discovered a potential new source of diamonds in the Kuhmo region of Finland.
The company, which is mainly focused on Finland, said the potential new source occurs in a new Kimberlite body, the first kimberlite body to be found in Finland for about ten years.
Analysis of the minerals suggest that they were dervived from the diamond stability field of the Earth's mantle.
They also included the presence of Group 1 eclogite garnets, which can be associated with high diamond grades.
The company's chairman Professor Richard Conroy said the discovery is a major step forward in the company’s exploration programme which has the objective of discovering a world class diamond deposit in the Karelian Craton in Finland.
He said this is comparable to the world class deposits found on the Russian portion of the Karelian Craton.
